Managing Director of Strategy and Corporate Development

Pay Range: $196,200.00 - $313,900.00 Please email [email protected] if you are a candidate seeking a reasonable accommodation for the application and/or interview process. At BCBSRI, our greatest resource is our people. We come from varying backgrounds, different cultures, and unique experiences. We are hard-working, caring, and creative individuals who collaborate, support one another, and grow together. Passion, empathy, and understanding are at the forefront of everything we do—not just for our members, but for our employees as well. We recognize that to do your best work, you have to be your best self. It’s why we offer flexible work arrangements that include remote and hybrid opportunities and paid time off. We provide tuition reimbursement and assist with student-loan repayment. We offer health, dental, and vision insurance as well as programs that support your mental health and well-being. We pay competitively, offer bonuses and investment plans, and are committed to growing and developing our employees. Our culture is one of belonging. We strive to be transparent and accountable. We believe in equipping our associates with the knowledge and resources they need to be successful. No matter where you’re at in the organization, you’re an integral part of our team and your input, thoughts, and ideas are valued. Join others who value a workplace for all. We appreciate and celebrate everything that makes us unique, from personal characteristics to past experiences. Our different perspectives strengthen us as an organization and help us better serve all Rhode Islanders. We’re dedicated to serving Rhode Islanders. Our focus extends beyond providing access to high-quality, affordable, and equitable care. To further improve the health and well-being of our fellow Rhode Islanders, we regularly roll up our sleeves and get to work (literally) in communities all across the state—building homes, working in food pantries, revitalizing community centers, and transforming outdoor spaces for children and adults. Because we believe it is our collective responsibility to uplift our fellow Rhode Islanders when and where we can, our associates receive additional paid time to volunteer. Why this job matters: Accountable for shaping and advancing BCBSRI’s strategic direction in close partnership with the Executive Leadership Team. Serves as a senior strategic advisor and catalyst, responsible for translating vision into clear strategic priorities, data-driven insights and actionable recommendations that drive long‑term value. Ensures the plan’s strategy is clearly communicated and aligned with the Board, advisors, external stakeholders and teams across the organization. Identifies areas across the health plan where strategic assessment is most needed and leads high‑impact strategy initiatives aligned to corporate priorities, in partnership with executive leaders. Scope of work includes growth opportunities, portfolio priorities, operating model evolution, and strategic partnerships. What you will do: Lead corporate strategy function, partnering with executive and functional leaders to align strategic priorities, governance, and execution; Serve as a trusted strategic advisor to executive leadership, translating strategy into clear, compelling narratives and integrated messaging that drive understanding, alignment, and adoption across the organization; Identify and evaluate strategic opportunities and risks by monitoring industry trends, competitive dynamics, and internal capabilities, and developing data‑driven insights, business cases, and growth strategies – including strategic partnerships and other inorganic and organic opportunities; Lead execution of strategic and transformational initiatives by aligning cross-functional priorities, defining success measures, and implementing rigorous tracking to monitor progress, mitigate risk and ensure achievement of key goals and deadlines. Develop and ensure adherence to goals and deadlines for departments Perform other duties as assigned. What you need to succeed: A combination of education and related experience Ten or more years of experience in healthcare strategy, including health plan Seven or more years’ management experience or experience lead a team Demonstrated ability to set enterprise strategy and drive execution through influence and change management —translating complex business insights into clear priorities, aligning senior leaders, and delivering measurable outcomes at scale Strong capability to anticipate organizational impacts, manage complexity, and guide leadership through periods of transformation and ambiguity. Knowledge of health insurance industry, laws, and regulations Ability to collaborate while dealing with complex situations Ability to think creatively and to drive innovation Ability to motivate, lead and inspire a diverse group to a common goal/solution with multiple stakeholders. Strong business acumen and political savvy, with a high level of discretion. The extras: Knowledge of Blue Cross health plans and member experience products Location: BCBSRI is headquartered in downtown Providence, conveniently located near the train station and bus terminal. We actively support associate well-being and work/life balance and offer the following schedules, based on role: In-office: onsite 5 days per week Hybrid: onsite 2-4 days per week Remote: onsite 0-1 days per week. Permitted to reside in the following states, pending approval from the Human Resources Department: Arizona, Connecticut, Florida, Georgia, Louisiana, Massachusetts, North Carolina, Oklahoma, Rhode Island, South Carolina, Texas, Virginia Our culture of belonging at Blue Cross & Blue Shield of Rhode Island (BCBSRI) is at the core of all we do, and it strengthens our ability to meet the challenges of today’s healthcare industry. BCBSRI is an equal opportunity employer. The law requires an employer to post notices describing the Federal laws. Please visit www.eeoc.gov/know-your-rights-workplace-discrimination-illegal to view the "Know Your Rights" poster. Apply To This Job